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Identifying High-Quality Schools With More Affordable Pricing

$17,348 Avg Tuition & Fees*

With all the business programs available today, it can be tough to choose which one is the best for you. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools and bootcamps that offer fast-track entry to many fields.

The <nil> ranking is one of many tools that Business Degree Central has developed to help you make your educational decision.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.

Top Value Business Master's Degree Schools in Ohio

Learn more about these excellent schools below:

#1

Ashland University

Ashland, Ohio
251 Total Awards
#17 in Quality in Ohio
$6,972 Average Tuition & Fees

Our rankings named Ashland University the best value school in Ohio for business students working on their master’s degree. Ashland is a small private not-for-profit school situated in Ashland, Ohio. It awarded 251 master’s degrees in 2020-2021.

Ashland graduate students pay an average of $6,972 in tuition and fees each year.

Ashland does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In 2019-2020 about 84% of the graduate students at the school chose to take one or more online courses.

Read full report on Ashland University

#2

Wittenberg University

Springfield, Ohio
11 Total Awards
#9 in Quality in Ohio
$8,352 Average Tuition & Fees

A rank of #2 on this year’s list means Wittenberg University is a great place for business students working on their master’s degree who want the most bang for their educational buck. Wittenberg is a small private not-for-profit school situated in Springfield, Ohio. It awarded 11 master’s degrees in 2020-2021.

Wittenberg graduate students pay an average of $8,352 in tuition and fees each year.

One thing to take note of is that Wittenberg does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 21% of graduates took at least one course online in 2019-2020.

Wittenberg also claimed a spot on our list. It’s in the top 20% of all schools in this category.

Full Wittenberg University Report

#3

Youngstown State University

Youngstown, Ohio
90 Total Awards
$6,931 Average Tuition & Fees

The excellent master’s degree programs at Youngstown State University helped the school earn the #3 place on this year’s ranking of the best value business schools in Ohio. Located in Youngstown, Ohio, the fairly large public school awarded 90 diplomas to qualifed master’s degree students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Youngstown State University are $6,931 a year.

Some students may be able to take online graduate classes at Youngstown State University. In 2019-2020 about 60% of the graduate students at the school chose to take one or more online courses.

Read More…

361 Total Awards
#1 in Quality in Ohio
$38,377 Average Tuition & Fees

A rank of #4 on this year’s list means Ohio State University - Main Campus is a great place for business students working on their master’s degree who want the most bang for their educational buck. Ohio State is located in Columbus, Ohio and has a large student population. In 2020-2021, this school awarded 361 master’s degrees to qualified students.

The average tuition and fees for an out-of-state graduate students at Ohio State are $38,377 a year.

Depending on your major, you may be able to take online graduate classes at Ohio State. In fact, around 76% of the graduate population registered for at least one online class in 2019-2020.

In addition to its best value ranking, and one of the reasons why the school is on the list, Ohio State is ranked #1 for overall quality in Ohio.

Full Ohio State University - Main Campus Report

386 Total Awards
#14 in Quality in Ohio
$17,712 Average Tuition & Fees

A rank of #5 on this year’s list means Ohio University - Athens Campus is a great place for business students working on their master’s degree who want the most bang for their educational buck. This large public school is located in Athens, Ohio, and it awarded 386 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at OHIO Athens are $17,712 per year.

Online graduate courses are available at OHIO Athens, but you will need to check with the school to see if they are available for your field of interest. To give an idea of how popular online courses are at the school, 70% of graduates took at least one course online in 2019-2020.

Full Ohio University - Athens Campus Report

175 Total Awards
#15 in Quality in Ohio
$15,823 Average Tuition & Fees

Bowling Green State University - Main Campus landed the #6 spot in the rankings for the best value master’s degree business programs. BGSU is a fairly large public school situated in Bowling Green, Ohio. It awarded 175 master’s degrees in 2020-2021.

BGSU graduate students pay an average of $15,823 in tuition and fees each year.

Some students may be able to take online graduate classes at BGSU. In fact, around 54% of the graduate population registered for at least one online class in 2019-2020.

Read full report on Bowling Green State University - Main Campus

#7

Xavier University

Cincinnati, Ohio
238 Total Awards
#5 in Quality in Ohio
$12,076 Average Tuition & Fees

Xavier University ranked #7 on this year’s list. Located in Cincinnati, Ohio, the medium-sized private not-for-profit school awarded 238 diplomas to qualifed master’s degree students in 2020-2021.

Xavier graduate students pay an average of $12,076 in tuition and fees each year.

One thing to take note of is that Xavier does offer online graduate classes in some areas. In 2019-2020 about 46% of the graduate students at the school chose to take one or more online courses.

Xavier not only placed well in our value ranking, but it is also #5 on our list.

Full Xavier University Report

95 Total Awards
#8 in Quality in Ohio
$11,363 Average Tuition & Fees

Baldwin Wallace University landed the #8 spot in the rankings for the best value master’s degree business programs. Berea, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 95 students in 2020-2021.

Baldwin Wallace College graduate students pay an average of $11,363 in tuition and fees each year.

One thing to take note of is that Baldwin Wallace College does offer online graduate classes in some areas. During the 2019-2020 year, about 40% of the graduate students at the school took at least one online course.

As a testament to the quality of education it offers, Baldwin Wallace College also is in the top 20% of our ranking.

Read full report on Baldwin Wallace University

#9

Cedarville University

Cedarville, Ohio
21 Total Awards
#18 in Quality in Ohio
$9,864 Average Tuition & Fees

Cedarville University landed the #9 spot in the rankings for the best value master’s degree business programs. Cedarville is located in Cedarville, Ohio and has a small student population. In 2020-2021, this school awarded 21 master’s degrees to qualified students.

The average tuition and fees for an out-of-state graduate students at Cedarville are $9,864 a year.

Cedarville does offer online graduate classes for certain degree levels. In 2019-2020 about 52% of the graduate students at the school chose to take one or more online courses.

Full Cedarville University Report

#10

Muskingum University

New Concord, Ohio
6 Total Awards
#16 in Quality in Ohio
$10,350 Average Tuition & Fees

Muskingum University ranked #10 on this year’s list. Muskingum is a small private not-for-profit school situated in New Concord, Ohio. It awarded 6 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Muskingum are $10,350 per year.

If you are interested in distance education, be sure to check with the school since Muskingum does offer online graduate classes for certain majors. To give an idea of how popular online courses are at the school, 71% of graduates took at least one course online in 2019-2020.

Full Muskingum University Report

#11

Miami University - Oxford

Oxford, Ohio
130 Total Awards
#2 in Quality in Ohio
$32,332 Average Tuition & Fees

Miami University - Oxford landed the #11 spot in the rankings for the best value master’s degree business programs. Miami University - Oxford is a fairly large public school located in Oxford, Ohio that handed out 130 master’s degrees in 2020-2021.

Miami University - Oxford graduate students pay an average of $32,332 in tuition and fees each year.

Depending on your major, you may be able to take online graduate classes at Miami University - Oxford. In 2019-2020 about 36% of the graduate students at the school chose to take one or more online courses.

Miami University - Oxford did well in our overall quality rankings, too. It placed #2 on our list.

Full Miami University - Oxford Report

#12

Cleveland State University

Cleveland, Ohio
274 Total Awards
#25 in Quality in Ohio
$18,051 Average Tuition & Fees

Cleveland State University landed the #12 spot in the rankings for the best value master’s degree business programs. This fairly large public school is located in Cleveland, Ohio, and it awarded 274 master’s degrees in 2020-2021.

Cleveland State University graduate students pay an average of $18,051 in tuition and fees each year.

If you are interested in distance education, be sure to check with the school since Cleveland State University does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 88% took at least some of their classes online.

Read full report on Cleveland State University

#13

Capital University

Columbus, Ohio
34 Total Awards
#11 in Quality in Ohio
$13,190 Average Tuition & Fees

Capital University landed the #13 spot in the rankings for the best value master’s degree business programs. Capital is a small private not-for-profit school situated in Columbus, Ohio. It awarded 34 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Capital are $13,190 per year.

Capital does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 19% took at least some of their classes online.

Read full report on Capital University

#14

Mount Vernon Nazarene University

Mount Vernon, Ohio
50 Total Awards
$10,674 Average Tuition & Fees

Mount Vernon Nazarene University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #14 on the list. Located in Mount Vernon, Ohio, the small private not-for-profit school handed out 50 master’s degree awards in 2020-2021.

Out-of-state tuition fees for graduate students at MVNU are $10,674 per year.

Interested in an online degree? Then you definitely want to check out MVNU. Every graduate student at the school took at least one class online.

Full Mount Vernon Nazarene University Report

#15

Defiance College

Defiance, Ohio
8 Total Awards
$8,100 Average Tuition & Fees

Defiance College landed the #15 spot in the rankings for the best value master’s degree business programs. This very small private not-for-profit school is located in Defiance, Ohio, and it awarded 8 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Defiance College are $8,100 per year.

If you are interested in distance education, Defiance College is an excellent choice, since graduate classes are offered online.

Read More…

#16

John Carroll University

University Heights, Ohio
102 Total Awards
#7 in Quality in Ohio
$16,082 Average Tuition & Fees

John Carroll University ranked #16 on this year’s list. This small private not-for-profit school is located in University Heights, Ohio, and it awarded 102 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at John Carroll are $16,082 per year.

Since the graduate programs at John Carroll are online, the school is an excellent choice for graduate students who need more flexibility than what is offered at some other schools.

As a testament to the quality of education it offers, John Carroll also is in the top 15% of our ranking.

Read More…

#17

Otterbein University

Westerville, Ohio
24 Total Awards
#13 in Quality in Ohio
$14,392 Average Tuition & Fees

Otterbein University ranked #17 on this year’s list. Located in Westerville, Ohio, the small private not-for-profit school handed out 24 master’s degree awards in 2020-2021.

Otterbein graduate students pay an average of $14,392 in tuition and fees each year.

Otterbein does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In fact, around 55% of the graduate population registered for at least one online class in 2019-2020.

Full Otterbein University Report

519 Total Awards
#12 in Quality in Ohio
$26,644 Average Tuition & Fees

University of Cincinnati - Main Campus ranked #18 on this year’s list. This large public school is located in Cincinnati, Ohio, and it awarded 519 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at UC are $26,644 a year.

Some students may be able to take online graduate classes at UC. In fact, around 82% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#19

Walsh University

North Canton, Ohio
92 Total Awards
#20 in Quality in Ohio
$13,510 Average Tuition & Fees

With a ranking of #19, Walsh University did quite well on this year’s best value schools for business students working on their master’s degree. Walsh is a small private not-for-profit school situated in North Canton, Ohio. It awarded 92 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Walsh are $13,510 per year.

One thing to take note of is that Walsh does offer online graduate classes in some areas. In fact, around 61% of the graduate population registered for at least one online class in 2019-2020.

Full Walsh University Report

#20

Malone University

Canton, Ohio
52 Total Awards
$11,900 Average Tuition & Fees

Malone University came in at #20 in this year’s edition of the ranking. This small private not-for-profit school is located in Canton, Ohio, and it awarded 52 master’s degrees in 2020-2021.

Malone graduate students pay an average of $11,900 in tuition and fees each year.

If you are interested in distance education, be sure to check with the school since Malone does offer online graduate classes for certain majors. In fact, around 88% of the graduate population registered for at least one online class in 2019-2020.

Read full report on Malone University

#21

Bluffton University

Bluffton, Ohio
23 Total Awards
#21 in Quality in Ohio
$13,815 Average Tuition & Fees

Bluffton University landed the #21 spot in the rankings for the best value master’s degree business programs. Bluffton is a very small private not-for-profit school situated in Bluffton, Ohio. It awarded 23 master’s degrees in 2020-2021.

Bluffton graduate students pay an average of $13,815 in tuition and fees each year.

Bluffton does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. During the 2019-2020 year, about 66% of the graduate students at the school took at least one online course.

Read More…

#22

Ohio Dominican University

Columbus, Ohio
49 Total Awards
$11,790 Average Tuition & Fees

With a ranking of #22, Ohio Dominican University did quite well on this year’s best value schools for business students working on their master’s degree. This small private not-for-profit school is located in Columbus, Ohio, and it awarded 49 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at ODU are $11,790 per year.

ODU does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In 2019-2020 about 1% of the graduate students at the school chose to take one or more online courses.

Full Ohio Dominican University Report

#23

University of Dayton

Dayton, Ohio
246 Total Awards
#6 in Quality in Ohio
$18,140 Average Tuition & Fees

University of Dayton came in at #23 in this year’s edition of the ranking. Dayton, Ohio is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out master’s degrees to 246 students in 2020-2021.

UDayton graduate students pay an average of $18,140 in tuition and fees each year.

If you are interested in distance education, be sure to check with the school since UDayton does offer online graduate classes for certain majors. In fact, around 45% of the graduate population registered for at least one online class in 2019-2020.

In addition to its great value ranking, UDayton is in the top 15% of all schools on our list.

Full University of Dayton Report

138 Total Awards
$21,952 Average Tuition & Fees

Kent State University at Kent landed the #24 spot in the rankings for the best value master’s degree business programs. Located in Kent, Ohio, the large public school awarded 138 diplomas to qualifed master’s degree students in 2020-2021.

Kent State graduate students pay an average of $21,952 in tuition and fees each year.

Online graduate courses are available at Kent State, but you will need to check with the school to see if they are available for your field of interest. In 2019-2020 about 57% of the graduate students at the school chose to take one or more online courses.

Read full report on Kent State University at Kent

28 Total Awards
$12,888 Average Tuition & Fees

Franciscan University of Steubenville did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #24 on the list. This small private not-for-profit school is located in Steubenville, Ohio, and it awarded 28 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Franciscan U are $12,888 per year.

Depending on your major, you may be able to take online graduate classes at Franciscan U. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 84% took at least some of their classes online.

Full Franciscan University of Steubenville Report

Notes and References

Footnotes

*These averages are for the top 25 schools only.

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

More about our data sources and methodologies.

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